Rimini Street Inc. (RMNI): Price and Financial Metrics
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RMNI POWR Grades
- Quality is the dimension where RMNI ranks best; there it ranks ahead of 98.84% of US stocks.
- The strongest trend for RMNI is in Stability, which has been heading up over the past 177 days.
- RMNI ranks lowest in Momentum; there it ranks in the 27th percentile.
RMNI Stock Summary
- RIMINI STREET INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than only 2.61% of US listed stocks.
- RMNI's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of just 3.19% of US stocks.
- With a year-over-year growth in debt of 393.63%, RIMINI STREET INC's debt growth rate surpasses 95.34% of about US stocks.
- If you're looking for stocks that are quantitatively similar to RIMINI STREET INC, a group of peers worth examining would be ROCK, HAIN, PKE, JRSH, and WW.
- RMNI's SEC filings can be seen here. And to visit RIMINI STREET INC's official web site, go to www.riministreet.com.
RMNI Valuation Summary
- In comparison to the median Technology stock, RMNI's price/earnings ratio is 68.08% lower, now standing at 6.8.
- RMNI's EV/EBIT ratio has moved up 28.3 over the prior 89 months.
Below are key valuation metrics over time for RMNI.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| RMNI | 2022-09-16 | 1.1 | -5.6 | 6.8 | 27.0 |
| RMNI | 2022-09-15 | 1.1 | -5.7 | 7.0 | 27.7 |
| RMNI | 2022-09-14 | 1.1 | -5.7 | 6.9 | 27.4 |
| RMNI | 2022-09-13 | 1.1 | -5.5 | 6.7 | 26.5 |
| RMNI | 2022-09-12 | 1.1 | -5.6 | 6.8 | 27.2 |
| RMNI | 2022-09-09 | 1.1 | -5.7 | 6.9 | 27.2 |
RMNI's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- RMNI has a Quality Grade of A, ranking ahead of 99.69% of graded US stocks.
- RMNI's asset turnover comes in at 1.291 -- ranking 75th of 561 Business Services stocks.
- CPSI, HGBL, and QUOT are the stocks whose asset turnover ratios are most correlated with RMNI.
The table below shows RMNI's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.291 | 0.617 | -0.160 |
| 2021-03-31 | 1.328 | 0.614 | -0.129 |
| 2020-12-31 | 1.447 | 0.614 | -0.195 |
| 2020-09-30 | 1.537 | 0.612 | -0.144 |
| 2020-06-30 | 1.672 | 0.615 | -0.105 |
| 2020-03-31 | 1.765 | 0.619 | -0.098 |
RMNI Price Target
For more insight on analysts targets of RMNI, see our RMNI price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $11.90 | Average Broker Recommendation | 1.6 (Moderate Buy) |
RMNI Stock Price Chart Interactive Chart >
RMNI Price/Volume Stats
| Current price | $4.93 | 52-week high | $11.52 |
| Prev. close | $4.82 | 52-week low | $4.19 |
| Day low | $4.79 | Volume | 235,832 |
| Day high | $4.97 | Avg. volume | 471,996 |
| 50-day MA | $5.51 | Dividend yield | N/A |
| 200-day MA | $5.62 | Market Cap | 431.62M |
Rimini Street Inc. (RMNI) Company Bio
Rimini Street, Inc. provides enterprise software support services. It offers enterprise software support services for Siebel, PeopleSoft, JD Edwards, Oracle E-Business Suite, Oracle Database, Hyperion, Oracle Retail, Oracle Fusion Middleware, SAP, and BusinessObjects software. The company was founded in 2005 and is based in Las Vegas, Nevada.
Latest RMNI News From Around the Web
Below are the latest news stories about RIMINI STREET INC that investors may wish to consider to help them evaluate RMNI as an investment opportunity.
Rimini Street Earns Additional Great Place to Work® Certifications in US, Australia and New ZealandLAS VEGAS, September 08, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that Rimini Street has earned the designation of Great Place to Work-Certified™ in Australia, New Zealand, and the US. Last year, Rimini Street was certified in India, Korea, and the UK. |
Report: Third-party Support Helps SAP Customers Get Control of Their ERP Strategy and Associated CostsLAS VEGAS, August 31, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, has announced the availability of a 2022 Valoir Research report titled "Maximizing SAP Value with Rimini Street," which explains the many benefits of utilizing third-party SAP support services. The 2022 report is a follow-on piece to the 2020 report, "Assessing an SA |
Racing and Wagering Western Australia Turns to Rimini Street for Better Support and Advanced Security for its Oracle Technology LandscapeLAS VEGAS, August 30, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that Racing and Wagering Western Australia (RWWA), a national leader in racing and wagering entertainment, has switched from Oracle to Rimini Street for better, more responsive support and advanced security for its Oracle database and Oracle technolog |
University of Technology Sydney Gets Better Support and Security for Oracle Database by Switching to Rimini StreetLAS VEGAS, August 24, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that the University of Technology Sydney (UTS) has switched from Oracle to Rimini Street for improved support and security of its Oracle database and technology platforms. In doing so, the University has slashed wait times for support requests, enjoyed |
Rimini Street Announces Fiscal Second Quarter 2022 Financial ResultsLAS VEGAS, August 03, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the second quarter ended June 30, 2022. |
RMNI Price Returns
| 1-mo | -4.83% |
| 3-mo | -17.97% |
| 6-mo | -18.91% |
| 1-year | -48.38% |
| 3-year | 13.59% |
| 5-year | -48.11% |
| YTD | -17.42% |
| 2021 | 34.76% |
| 2020 | 14.18% |
| 2019 | -24.66% |
| 2018 | -34.89% |
| 2017 | N/A |
Continue Researching RMNI
Here are a few links from around the web to help you further your research on Rimini Street Inc's stock as an investment opportunity:Rimini Street Inc (RMNI) Stock Price | Nasdaq
Rimini Street Inc (RMNI) Stock Quote, History and News - Yahoo Finance
Rimini Street Inc (RMNI) Stock Price and Basic Information | MarketWatch
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